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Property profile & analytics
OFF-MARKET Estimated value $730,000
Medical Office Space

448 Burton St Murfreesboro, TN 37130-3806

5,420 SF 0.55 ac lot Built 1977
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US80-1148694
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Construction FRAME
Total area 5,420 SF
Lot 0.55 ac (23,784 SF)
Zoning code CM-R
APN 091L-P-009.00-000
UPID US80-1148694
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nelson & Sons Chapel Murfreesboro Social Service Agency
  • Dr. Regina E. Hoods, MD Physician
  • Carol Wilson, FNPC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$950k
Blend (final) Blend
$730k
Owner & transaction history
Nelson & Sons Mem Chapel LLC · 12 yrs held
Nelson & Sons Mem Chapel LLC
since 2014
7 recorded transactions
2014
$305,100
2010
Price N/A
2009
Price N/A
2009
Price N/A
2003
Price N/A
1990
$45,000
1990
$140,000
Zoning & alternative use
CM-R · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CM-R, MEDICAL DISTRICT RESIDENTIAL. The purpose of this district is provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of hospitals, clinics, medical laboratories, and medical offices. The uses permitted in this district, the special uses that may be allowed in…

Zone name Medical District Residential
General category CIVIC_INSTITUTIONAL
Zone area 65.18 ac
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